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The Presidential Election Cycle Theory Could Mean a Tough Year in 2021
Released on Wednesday, January 13, 2021•MARKETS
Most administrations front-end load their bearish proposals and back-end load their bullish proposals. Therefore "stock picking" & "group picking" will be the key to strong returns next year. Tech is not dead, but some of the laggard groups should outperform next year.
Matthew Maley
The Maley Report,
Founder
Matthew Maley, founder of The Maley Report, has over 25 years of experience on two of the most important institutional trading desks on Wall Street, Salomon Brothers and Merrill Lynch, where he covered some of Wall Street's biggest money managers. Mr. Maley uses a combination of macro, fundamental, and technical indicators to consistently make important calls at key inflection points in the markets. These include calling the top of the stock market in February of 2020, the bottom in March 2020, and the bottom in late 2018, just to name a few.
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